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Volkswagen's embattled luxury brand Porsche cut its full-year profitability target on Wednesday after the EU's trade deal ...
Falling sales, shrinking profits and a smaller than expected EV market are forcing Porsche to put energy into new combustion ...
Despite achieving record sales in the U.S. earlier this year, Porsche is struggling in certain respects. Sales in China are falling as far cheaper locally produced luxury EVs with more power continue ...
The Porsche boss is warning of more layoffs and tough days ahead as the company adjusts its business model to fight a ...
Porsche plans deeper cost cuts to offset weak China sales and U.S. tariffs, aiming to boost margins amid global market ...
Details from an investor call reveal that Porsche hasn't given up on internal combustion for one of its key segments.
Porsche is especially exposed to U.S. tariffs, because all of its vehicles are produced in Europe and shipped from there. The company is also under pressure from rivals in China, where demand for its ...
Porsche is bracing for more cuts as global sales dip and US tariffs bite. Learn how challenges in China and the EV market are ...
Despite the contours of a preliminary trade deal, German automakers Mercedes and Porsche are still in a world of pain, ...
Porsche is preparing cost-cutting talks after warning employees its decades-old business model is no longer viable due to EV ...
Porsche is well known for being one of the most profitable carmakers in the world, but even it can’t shake off global trade ...
Porsche's 67% drop in operating profit performance in H1 is pushing forward the brand's plans for extensive measures to ...
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